“Conscience is the most sacred of all property.” James Madison Yet another aspect of the American Affordable Care Act has caused the Obama Administration to come-a-cropper with the United States Constitution. The act has already inspired a dense thicket of law suits over its individual mandate provision that forces people to buy insurance or pay a penalty tax for not so doing. Recently, Health and | Read More »

“Conscience is the most sacred of all property.” James Madison Yet another aspect of the American Affordable Care Act has caused the Obama Administration to come-a-cropper with the United States Constitution. The act has already inspired a dense thicket of law suits over its individual mandate provision that forces people to buy insurance or pay a penalty tax for not so doing. Recently, Health and | Read More »

“The open question is whether that’s a one-time spike (In Health Insurance premiums) or the start of a period of higher increases,” said Drew Altman, the chief executive of the Kaiser foundation. (HT: New York Times) So let’s imagine a scenario here. An industry consisting of large, partially-regulated firms sells to a group of individuals with limited purchasing power. The production cost of the product | Read More »

“The open question is whether that’s a one-time spike (In Health Insurance premiums) or the start of a period of higher increases,” said Drew Altman, the chief executive of the Kaiser foundation. (HT: New York Times) So let’s imagine a scenario here. An industry consisting of large, partially-regulated firms sells to a group of individuals with limited purchasing power. The production cost of the product | Read More »